The Obama administration has unveiled a program to help small businesses, including R&D and innovation credits, ELIMINATING capital gains on small business stock ... we really need to see those details because that will attract investment at an accelerated pace ... extending Net Operating Loss carryovers. A lot of this…
I have written frequently about personnel decisions and offered various references on the relative value of furloughs and layoffs. The WSJ today published another article on this subject that compares and contrasts these valuable tools.
The NY Times interviewed Anne Mulcahy, CEO of Xerox on Sunday in their Corner Office segment. She offered several keen observations on a wide range of subjects that are worth considering:
WSJ recently carried an article, Seven Lessons for Leading in a Crisis. Here's my short version, which is consistent with the advice I'm sharing with clients every day and sharing during public speaking events. Get real! Get rid of the rose-colored glasses. Build cash (maybe next time). Be transparent; get…
Many of us wonder if the Administration's new Small Business program will work, or be too little too late? It's a wonder that it's taken so long to focus on the source of the largest job creation engine we have, the source of more than 70% of new jobs. $15B…
The NY Times carried a poignant article today about Talent: The Secrets of the Talent Scouts. Here are 2 key messages that bear repeating: 1. Get as much advice as possible about new hires. The McArthur Foundation known for its "genius grants" interviews thousands from across myriad disciplines.…
I reported recently on the trend toward cutting costs without cutting jobs. BW expands upon that concept focusing on mandatory vacation and voluntary leave. I have recommended that to several clients to consider offering unpaid leave to employees. I think you will be be surprised to learn that there are…
<The WSJ offers an inside look at how open book management and financial transparency have been used as valuable tools to help companies cope with the economic downturn. It may be more challenging to start this now, but the rewards can be plentiful and unexpected. More than anything, it enables…
Finding Your Inner Courage is another Welchway gem from Business Week. This time, Jack and Suzy Welch focus on us - how do leaders motivate themselves? When times are bleak and business challenges sap much of our energy, how can we renew our own commitment to success and find the…